NBFC (NON-BANKING FINANCIAL COMPANY)
NBFC Registration
Non-Banking Financial Company (NBFC) provides banking services without holding a banking license. Ideal for businesses in lending, investment, asset financing, and other financial services.
What is an NBFC?
NBFC is a company registered under Companies Act and engaged in the business of loans, advances, acquisition of shares/stocks/bonds, leasing, hire-purchase, or insurance business. Regulated by Reserve Bank of India (RBI).
Key Features
- ✓ Capital: Minimum ₹2 Crores Net Owned Funds
- ✓ Registration: ROC + RBI approval required
- ✓ Directors: Minimum 3
- ✓ Business: Financial services only
- ✓ Regulation: RBI regulated
- ✓ Registration Time: 3-6 months
Types of NBFC
- • Asset Finance Company: Vehicle/equipment financing
- • Investment Company: Investment in securities
- • Loan Company: Provides loans and advances
- • Infrastructure Finance Company: Long-term financing
- • Microfinance Institution: Small loans to underprivileged
- • Housing Finance Company: Home loans
Benefits
- ✓ Can provide financial services without banking license
- ✓ Lower entry barriers than banks
- ✓ Operational flexibility
- ✓ Can focus on niche segments
- ✓ Growing market opportunity
Compliance Requirements
- • Maintain minimum Net Owned Funds of ₹2 Crores
- • Regular RBI returns and reporting
- • Maintain CRAR (Capital Adequacy Ratio)
- • Prudential norms compliance
- • KYC and AML compliance
Register Your NBFC
Expert assistance with RBI compliance
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